Friday Mar 12

Posts Tagged ‘cyprus trust’

Dec
07/09
How to have a Holding Company to own the Cyprus company
Last Updated on Thursday, 10 December 2009 02:44
Written by peter
Monday, December 7th, 2009

This is a broad question but to explain some general guidelines and answers to this often asked question, please read the below:

Depending on how you want to structure your Cyprus Company, then the following applies, if you want the shareholder of your Cyprus Company to be a Holding company or Foundation which is registered in another country for instant, Belize, Seychelles or Panama, but you want to act as director for the company then the steps are the following: (more…)

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Jul
10/09
Register Cyprus Company with CCLOGIC.COM
Last Updated on Wednesday, 5 August 2009 08:44
Written by peter
Friday, July 10th, 2009

If you want to register a company in Cyprus, first of all, you will have to think of two or three alternative names for your company. These names will be submitted to the Registrar of Companies for approval. If the name suggested is already in use by any other company operating abroad, then a letter of consent is required from that company. In order to draw up the Memorandum and Articles of Association, the main objectives or purpose of the company to be registered in Cyprus must also be provided by the owner.

It is important that the company going to be registered in Cyprus has at least one shareholder, so that the shares may be registered in his name. However, in case the shareholder desires anonymity that can also, in most cases, be provided while registering a company in Cyprus. Company law in Cyprus also requires that every company in Cyprus, at the time of registration, should have a secretary. Another important legal requirement before registering a company in Cyprus, is the address of a registered office. Moreover, a bank reference is also required for each shareholder of the company. Any company to be registered in Cyprus must issue a share capital of at least 2000 shares, each comprising 1 Euro.

Foreigners no longer require the permission of the Central Bank of Cyprus to hold shares in, or register a company in Cyprus. Everyone, including Cypriots, Europeans and non-Europeans are treated equally, and the registration procedure has been overtly simplified. During the registration of the company in Cyprus, the beneficial shareholders need not be present in person. A company registered in Cyprus, comes into its own when used as part of a well designed international tax strategy.

Two ways can be taken while registering a company in Cyprus – the expedited and the non-expedited. Although there is no set time within which a company is registered in Cyprus, generally it takes within 10 to 18 working days. However, this period may vary depending on the workload of the Registrar of Companies, as well as whether the additional fees for the expedited service have been paid or not. The tax incentives in Cyprus, make it an attractive place for entrepreneurs who want to register ans start operating new companies and business corporations.

CCLOGIC.COM has specialized in the Cyprus Company Formation and opening of Cyprus Bank Accounts for clients worldwide, our satisfaction rate towards our clients is high, that’s why we register Cyprus companies on a daily basis for many clients all around the world. Beside the Cyprus company formation, we incorporate companies in Belize, BVI and the Seychelles as well.

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Jul
02/09
Do you have a Cyprus company formation on your mind?
Last Updated on Thursday, 2 July 2009 09:58
Written by peter
Thursday, July 2nd, 2009

Well, you should know that registering a company in Cyprus is really quite easy, and you could benefit a lot when it comes to saving tax, protecting your assets and even your privacy. All it takes is just a few often weeks, and you can save yourself all the hassle. Having that Holding company structure could be the best thing you ever did, and as owner, you would get loads of advantages. If you register your holding company in Cyprus with us, you will be free to register subsidiaries, who would be conducting regular business – and their profit would be transferred to the main Cyprus holding company without having to pay any tax whatsoever. You also get enhanced privacy, and of course – we assure you that your assets will be well protects – be it equity or property. So your creditors cannot access your assets in any way.

Cyprus company formation could be hugely beneficial, so it’s a good thing you have come to us. Your holding company must firstly be registered, after that, your subsidiary can be registered. All this is devoid of any difficulty, your satisfaction is our priority, so we leave no stone unturned to make sure you don’t face any hassle. You would also need to open a bank account in Cyprus, for both your companies – they are usually taken care of by the Cyprus Company Formation Agency, and they would also be looking after the incorporation for you. In fact, if you have an offshore company registered in Cyprus, you can save yourself the trouble of bothering with documents, and just use that for the registration of your new company.

Registering your company in Cyprus with us would cost 1.495.00 Euro, or 1.975.00 USD. However, there are other costs you must bear in mind – like company secretary, registered office, nominee directors, nominee shareholders, foreign nominee shareholder, and foreign nominee Director. Remember that Cyprus company formation would be a great way to be tax-efficient, and conduct business on an international level. We assure you it would be the best corporate structure to help you achieve your business objectives. You can have freedom in trade, financial, monetary, business, investment and labor markets.

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Jun
11/09
Cyprus Bank Account, BVI Offshore Company and investments
Last Updated on Thursday, 10 December 2009 06:50
Written by peter
Thursday, June 11th, 2009

Well while much has been told and many already know that a Offshore Company Formation for investments is the best business constellation you can have when investments of any nature are the purpose, then many don’t know what a Offshore Company is and how to setup a offshore company at all. (more…)

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Jun
08/09
Offshore Trust with Offshore Holding Company and business bank account.
Last Updated on Monday, 8 June 2009 11:22
Written by peter
Monday, June 8th, 2009

If the anonymity of your Offshore Company structure is important to you and the aim is to have a offshore company structure which is anonymous and which assets are protected, you will defiantly need to look into the formation of an Offshore Trust in Cyprus.

With a Cyprus Trust in the top of your Offshore Company Structure you are protected against almost any incidents that might come.  Conducting legal business isn’t without any risk and many startups are burning their hands while they are simply not aware of the ups and downs there are when doing business with others.

An Offshore Trust in Cyprus is known by many business professionals worldwide and is used even by Royals, VIPS and others which don’t want to expose their income, turnover or equity to the public. While an Offshore Trust in Cyprus also protects your privacy and isn’t subject to any tax what so ever, it has the major advantage for successful businesses to be used as investment tool. A Offshore Trust in Cyprus is allowed to form a Offshore Company in any other country, which includes but is not limited to, Belize, Seychelles or British Virgin Islands, the dividend of the offshore company can be moved to the Offshore Trusts without to have to pay tax. All funds, equity and other assets are protected by the general laws for offshore Trusts in Cyprus and can’t be accessed by any court order, creditor or other authority if there isn’t any proof if illegal activity.

When entering into any area of business you will quickly become familiar with other bad business owners which obviously only want to rip you off by selling you some service or product which you want need or even don’t have any use for, those business people are clever and they only exist to rip of new businesses. You might think, fine, I can just don’t pay their bills and that’s it, but what if you already signed the contract with them, the business model itself might be legal so you are bound to the contract you signed! Now there is no way out (if you aren’t protected by an Offshore Company Structure) then just to pay the bill and move on, try to make more money then what you just lost!

The mentioned scenario happens each day for millions of small business owners and entrepreneurs and there isn’t really much help to get from any lawyer or authority here.

You will need to have protection against those and hundreds of similar incidents you will face during the lifetime of your business. An Offshore Setup where the Trust is in the top of your offshore company structure and a Holding company direct below the Trust, those people can jump into the sea, you don’t need to worry their lawyers or collectors, it is impossible to access any of your money or assets!

CCLOGIC LLC has specialized in the forming of protected offshore companies and offshore bank accounts, with many years of experience and many clients we so far helped it is now also possible for small and medium sized businesses to make use of our services. CCLOGIC LLC is a full service offshore company formation and banking agency and deals on a daily basis with clients worldwide.

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